Comment on Classifying Your Market Activity

Nithin Kamath commented on 07 Jul 2015, 08:58 AM

Pearl, when you open a demat account, you also get something called a delivery instruction booklet (very similar to your cheque book that you get for a bank account). Similar to how you can transfer money using cheque book, you can transfer shares using this DIS (delivery instruction slips). This happens off the exchange, as no trade is recorded on the exchange. Hence called off-market transaction.

Non-listed stocks are basically private companies which don’t trade on the stock exchanges.

View the full comment thread »